February 2019 ECRI's WLI Growth Rate Index Improves But Remains In Contraction

ECRI's WLI Growth Index which forecasts economic growth six months forward improved but remains in contraction. ECRI also released their lagging index and inflation index.

Analyst Opinion of the trends of the weekly leading indices

The current forecast is a slight economic contraction six months from today.

Here is this week's update on ECRI's Weekly Leading Index (note - a positive number indicates growth):

Weekly Leading Index Increases

Click here to download ECRI WLI data for free, including the full history of its level and growth rate. On mobile, click here to go to ECRI's Reports & Indexes page, then click "Full Site."

ECRI's U.S. Weekly Leading Index (WLI) increased to 144.2 as its growth rate edged up to -4.0%. 

ECRI has long determined business cycle and growth rate cycle chronologies for 21 countries that can be freely accessed here.

The WLI is just one of many ECRI U.S. leading indexes, including some with longer leads over cyclical turning points in economic growth.

Please see links below for public statements ECRI has made about our cyclical outlook:

- Read "ECRI Indexes Lead Global PMI"

- BNN Bloomberg TV interview with ECRI's Achuthan "China Slowing Hits Commodity Exporters"

- Bloomberg TV interview with ECRI's Achuthan "Turning Points in Global Growth & Market Risk"

For a quick glance at the WLI's performance, please see the chart below. 

Click here to review ECRI's recent real-time track record.

For information on ECRI professional services please contact us.

Coincident Index:

ECRI produces a monthly coincident index - a positive number shows economic expansion. The December index value (issued in January) shows the rate of economic growth declined.

(Click on image to enlarge)

ECRI produces a monthly inflation index - a positive number shows increasing inflation pressure. Inflation pressures further subsided in January

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